Sentences with phrase «declining oil sector»

Francisco J. Monaldi, fellow in Latin American energy policy, explains the factors that have contributed to Venezeula's declining oil sector...

Not exact matches

Yet with global growth declining, oil inventory at record levels, and momentum on the side of increasingly cost - competitive renewable energy technologies, there remains a high possibility the energy sector will face another existential crisis in the near future.

U.S. stocks have opened the first full week of 2015 with a steep decline, with the Dow Jones industrial average dropping 331 points, as falling oil prices weighed on the energy sector.

«All year this reading has been in focus as activity in the US manufacturing sector, particularly driven by a decline in oil - related activity and the strengthening of the US dollar, has slowed,» Business Insider markets editor Myles Udland reports.

The second is the broad array of businesses that cushions Bechtel against big drops in one or two sectors, such as the recent declines in mining and oil.

You make the classic argument that the benefits of a booming tradable sector such as oil and gas must, ipso facto, outweigh the decline in other sectors — otherwise they wouldn't be generating enough demand to result in an increase in the country's currency.

«There is a considerable negative impact on global growth from the energy sector due to the sharp decline in investments, mainly in the oil and gas sector as well as lower output values.»

While investment in the energy sector now appears to be stabilizing after a painful adjustment to the decline in oil and other commodity prices that began in 2014, overall business investment in the economy remains weak.

The Bank estimates that over the past two years the level of investment in the oil and gas sector alone has declined by almost 50 per cent (Chart 3).

Basically, what's needed here is to show that the decline was pervasive, and not just confined to the oil sector.

Weak demand across residential, office and retail sectors has been evident since the decline of oil prices at the end of 2014 and continues to impact government spending and general sentiment, says the Abu Dhabi Real Estate Market Overview Q3, 2016.

Due to the volatility of prices and production, coupled with the terminal decline in output to begin by 2025, the Bank was of the view that managing anticipated surge in oil revenue will be challenging and so advised moderation in government's forecasting of revenues from the sector.

Recent data released by the National Bureau of Statistics, NBS, had showed that a sharp decline was recorded in revenue accruable to the Federal Government from the petroleum sector, as the country's earnings from crude oil export dropped to N5.271 trillion for the nine month period, January to September 2015.

She said the Nigerian economy, including the banking sector, was facing various kinds of risks as a result of the challenges of high inflation, naira depreciation, oil price crash and decline in manufacturing output.

A volatile sector that includes some stellar dividend payers, energy has sold off sharply in recent months as the oil price declined.

Oil's decline has hurt Mexico, and so will anything that impacts the industrial sector.

Commodities — The commodity sector saw declines except for oil.

Another area is energy: higher oil prices usually mean higher profits across the sector, while declining prices could mean declining profits.

The details of the report show that declines in manufacturing and mining, quarrying and oil and gas extraction were the reasons for the negative month - on - month reading, with the 0.8 % contraction in the mining, quarrying, and oil and gas extraction sector being the main drag as well as the most disappointing since it marked the third consecutive monthly decline.

Yet with global growth declining, oil inventory at record levels, and momentum on the side of increasingly cost - competitive renewable energy technologies, there remains a high possibility the energy sector will face another existential crisis in the near future.

Obviously, I can't predict the near / medium - term direction of oil, or investor sentiment towards TLW & the oil sector — remember TLW's revenues & profitability will decline substantially, so investors may choose to focus on that for quite some time to come, rather than the long - term value of TLW's reserves & resources.

Now it is time to apply that same foresight and planning to map a managed decline of its oil and gas sectors.

Mexico's energy reform is set to revitalise an ailing sector and boost the economy, IEA report says Mexico's wide - ranging energy reform, which began in 2013, is expected to reverse the country's declining oil production, increase the share of renewables in the power sector, and slow the growth in carbon emissions, providing a solid foundation for robust economic growth in the coming decades, according to the International Energy Agency.

The Lofoten Declaration calls for no new exploration or expansion of oil, coal, or gas, and a managed decline of the fossil fuel sector.

calls for no new exploration or expansion of oil, coal, or gas, and a managed decline of the fossil fuel sector.

If Argentina instead focuses on planning for a managed decline of already producing fields, emissions from the country's oil and gas sector could fall largely in line with the rate of reductions needed to keep warming below 2 degrees Celsius.

On the bright side, the larger Texas metros are not as dependent on the energy sector as they once were, such as during the 1980s oil price decline, so they are better positioned to weather the downturn.

The lone star state is experiencing a strong housing market, despite the recent declines in the oil and energy sectors...

That could potentially spur the retail sector into a somewhat faster recovery than we were anticipating before the precipitous decline in oil prices.